Paytm’s stock saw a 1% increase after launching a Rs 250 SIP in collaboration with SBI Mutual Fund, aiming to enhance financial inclusion. The initiative, named JanNivesh, is part of India’s Viksit Bharat vision, allowing investments with as little as…
TCS is facing allegations of misusing L-1A visas to bring workers to the US under false managerial titles. Former employees have filed lawsuits under the False Claims Act, accusing TCS of evading US labor laws. Despite the allegations, TCS denies…
Delhivery’s revenue from services rose to Rs 2,378 crore in Q3FY25, marking an 8% YoY growth. Profit after tax for the company more than doubled to Rs 25 crore from Rs 12 crore in the same quarter last year. Despite…
A Rajya Sabha MP has called for the development of an Indian version of Google Maps, citing navigational errors and data security concerns. The lawmaker highlighted incidents where reliance on Google Maps led to fatal accidents, urging collaboration with ISRO…
Ola Electric introduces Roadster X and Roadster X+ electric motorcycles with up to 501 km range. Models offer advanced features like brake-by-wire, mid-drive motor, and multiple battery configurations starting at ₹74,999. Deliveries for the new electric bikes begin in mid-March…
Surjit Bhalla, former IMF Executive Director, urges for personal income tax reductions over corporate tax cuts ahead of the Union Budget 2025. Bhalla criticizes India’s high tax-to-GDP ratio, suggesting that lowering personal taxes could enhance revenue and support infrastructure and…
Solarsquare raised $40 million in a Series B round led by Lightspeed, marking the largest solar venture round in India. The company, transitioning to residential solar in 2021, now powers over 20,000 homes and aims to expand from 20 to…
Amazon announces a pilot for 15-minute delivery in Bengaluru, challenging Blinkit, Zepto, and Swiggy Instamart. The initiative, possibly named ‘Tez’, will utilize dark stores to ensure fast delivery of everyday essentials. Amazon’s late entry into quick commerce aims to leverage…
Shares of Swiggy and Zomato fell by up to 5% amid news of Amazon launching its quick commerce service in India. Amazon’s entry is seen as a significant threat, potentially impacting the existing players’ market share and financial forecasts. Amazon…
Starting March 1, 2025, developers worldwide, including India, will get free access to Google Maps APIs and SDKs up to a certain monthly limit. Indian developers can avail up to $6,800 worth of free usage monthly, significantly higher than the…
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